goodpurpose® Study 2010

Edelman’s 2010 goodpurpose study. The global consumer study explores consumer attitudes around social purpose, including their commitment to specific social issues and their expectations of brands and corporations.

Transcript of "goodpurpose® Study 2010 "

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“We Make a LivingBy What We Get,But We Make a LifeBy What We Give” Winston Churchill

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THE RISE OF GLOBAL CITIZENSHIP Social media 86% of global consumers continues to drive believe that business needs to social purpose place at least equal weight on society’s interests as on business’ interests. A Purpose “Reset” Edelman 2010 goodpurpose® Study Global issues are Emerging markets local concerns take the leadQ33. (Equal weight + more weight on society’s interests) Global (excludes UAE)

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THE RISE OF THE “CITIZEN CONSUMER” Global citizens unite around disaster in Haiti in unprecedented numbers COP 15 Copenhagen Summit considered a failureOutpouring of support for Citizen journalismlocal communities affected spreads supportby BP crisis for Iran

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A PURPOSE “RESET”? BACK TO BASICS?: Jobs and economic development Will marketingCan purpose change from selling more widgetsdrive profit? to providing more substance? Is less guynameddave.com/ 100-thing-challenge Is purpose becoming institutionalized now more? across corporate and marketing spectrum?

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EMERGING MARKETS ARE MOST WILLING TO BUY BRANDS THAT SUPPORT GOOD CAUSES Consumers who buy a brand that supports a good cause at least every twelve months.Q20. (Net: at least every twelve months)

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EMERGING MARKETS TAKE ACTION TO SUPPORT SOCIAL PURPOSE BRANDS INDIA 78% “I would switch brands if a different GLOBAL brand of similar quality supported a 62% good cause.” CHINA 77% “I am more likely to recommend a GLOBAL brand that supports a good cause 62% than one that doesn’t.” More than 7 in 10 consumers in the emerging markets BRAZIL 80% “I would help a brand to promote would take action to support GLOBAL their products or services if there is a 61% social purpose brands. good cause behind them.”Q16. (Top 2 box, Agree)

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EMERGING MARKETS EXPECT BRAND INVOLVEMENT IN GOOD CAUSES “I have more trust in a brand that is ethically and socially 8 in 10 consumers in the responsible.” India, China, Mexico and Brazil expect brands to Brazil: 81% donate a portion of their China: 78% profits to support a good Mexico: 78% cause. India: 77% Global: 65%Q17. & Q16. (Top 2 box, Agree)

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THE FIFTH “P” OF MARKETING IS PURPOSEPurpose is now the fifth “P” of marketing. It is a vital addition to the age-old marketing mix of Product, Price, Placement and Promotion.

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GLOBALLY, SOCIAL PURPOSE REMAINS KEY PURCHASE MOTIVATOR When choosing between two brands of equal quality and price… Social purpose continues to rank as the number one deciding factor for global consumers above design, innovation and brand loyalty.Q23. (First ranked response) Global (excludes UAE)

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CONSUMER WILLINGNESS TO PROMOTE BRANDS WITH A CAUSE JUMPS“I would help a brand to promote theirproducts or services if there is a goodcause behind them.” +9 GAP REDQ16. [TRACKING] (Top 2 Box, Agree) Global (excludes Mexico, the Netherlands, UAE)

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CONSUMER ACTIONISMConsumers want to work alongside brands and corporations todevelop the best ideas for solving the world’s problems, then tacklethem head on.

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CONSUMERS FEEL MORE EMPOWERED TO SUPPORT GOOD CAUSES Which one of the following entities do you think should be doing the most to support good causes? -10 +5Q7. [TRACKING] Global (excludes Mexico, the Netherlands, UAE)

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CONSUMERS WANT TO PARTNER WITH BRANDS 71% believe brands and consumers could do more to support good causes by working together 63% want brands to make it easier for them to make a positive differenceQ17. & Q16. (Top 2 Box, Agree) Global (excludes UAE)

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CONSUMERS EXPECT CORPORATIONS TO INVEST IN PURPOSE 64% believe it is no longer enough for corporations to give money; they must integrate good causes into their everyday business 61% have a better opinion of corporations that integrate good causes into business, regardless ofQ32. (Top 2 Box, Agree) Global (excludes UAE) why they do so

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GREEN AS ECONOMIC LEVERCitizens believe that sustaining the environment can help grow theeconomy.

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GOVERNMENT AND CORPORATIONS MUST PLAY ROLE 72% expect corporations to take actions to preserve and sustain the environment 73% agree government and business need to work together more closely to ensure the environment is protectedQ32. & Q57. (Top 2 Box, Agree), Global (excludes UAE)

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PUBLIC SUPPORT FOR ENVIRONMENTAL LEGISLATION IS STRONG 64% would support legislation that requires corporations to meet certain environmental standards even if it would negatively impact a corporation’s profits 62% would support legislation that requires government to fund partnerships between public and private organizations to help protect the environmentQ57. (Top 2 Box, Agree) Global (excludes UAE)

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SO, HOW CAN YOU ENGAGE? Helping brands and companies integrate purpose into their core business proposition and marketing efforts.

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THE GOODPURPOSE POINT OF VIEW People, companies, and brands working together to “MUTUAL SOCIAL APPLY RESPONSIBILITY” take action and effect positive social change for mutual benefit YOUR BUSINESS PURPOSE TO Identify your social issue, and ownable, MATCH A HIGHER SOCIAL PURPOSE galvanizing idea Foster a deeper emotional connection and develop ENGAGE YOUR PUBLIC sustainable brand loyalty “RETURN ON Conversation, Participation, Membership,MEASURE INVOLVEMENT” Purchase, Repurchase

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“BE THE CHANGE YOU WANT TO SEE IN THE WORLD.”MAHATMA GANDHI “BE THE CHANGE YOU WISH TO SEE IN THE WORLD.” MAHATMA GANDHI